latest news releases from the newsroom
REPORT FOR THE FIRST QUARTER OF 2006
* Net turnover amounted to SEK 3,200 M (2,696).
* Operating profit excluding items affecting profitability amounted to SEK 33 M
* Net profit amounted to SEK 10 M (8) and earnings per share to SEK 0.45 (0.35).
* Cash flow amounted to SEK 147 M (-225).
In a comment on the quarterly results, Bilia’s Managing Director Jan Pettersson
“Earnings during the first quarter were negatively affected by the poorer
margin in the Car Business and the costs for the start-up of Net
Stolt-Nielsen S.A. Releases Audited 2005 Financials, and Reschedules Annual General Meeting and Dividend Payment
LONDON, May 3, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo:SNI) today filed with the U.S. Securities and Exchange Commission its audited 2005 financial statements and Annual General Meeting materials, which are also available on the Investor Relations page of www.stolt-nielsen.com. The Company announced that Annual General Meeting of shareholders has been rescheduled to Friday, May 26, 2006 at 2:00 p.m. local time at the offices of Services Generaux de Gestion S.A., 23, avenue Monterey, L-2086 Luxembourg. All shareholders of record as of March 28, 2006, as previously announced, will be entitled to vote at the meeting.
Horizon Offshore Inc.
Horizon Offshore Announces Internal Investigation
HOUSTON, May 3, 2006 (PRIMEZONE) -- Horizon Offshore, Inc. (OTCBB:HRZO) announced today that as a result of an internal review conducted by the Company, the Company's management has become aware of the possibility that one of its subsidiaries authorized an improper payment to a customs official in a Latin American country in the approximate amount of $35,000 in connection with the importation of construction equipment. As a result, the Audit Committee of the Board of Directors of the Company has engaged outside counsel to conduct an investigation to determine whether any improper payment was actually made, as well as whether there are any deficiencies in the Company's internal controls and procedures with respect to the oversight and record keeping. The Company has notified the Securities and Exchange Commission of this matter and of its internal investigation. The Company is fully cooperating with the Securities and Exchange Commission.
ATA Airlines, Inc.
ATA Reports April Scheduled Service Traffic
INDIANAPOLIS, May 3, 2006 (PRIMEZONE) -- ATA Airlines today reported that April's scheduled service passenger load factor increased 17.5 points to 80.7 percent representing a 28 percent increase over 2005. ATA enplaned a total of 228,287 passengers in April. Scheduled service traffic decreased 33.9 percent from 2005 to 331.7 million RPMs (revenue passenger miles). Capacity decreased 48.2 percent compared to 2005 to 411.2 million ASMs (available seat miles).
TASER International, Inc.
Recent Court Decisions Affirm TASER Device is Reasonable Use of Force
SCOTTSDALE, Ariz., May 3, 2006 (PRIMEZONE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices, announced that three recent court decisions have upheld the TASER(r) device as a reasonable use of force and dismissed excessive use of force claims against law enforcement officers. In the case of Willkomm v. Mayer (WI Dells) USDC W.D. WI (Slip Copy 2006 WL 582044) March 9, 2006, the court held that the TASER device was a reasonable use of force when used to gain compliance with the officer's orders in an effort to handcuff the plaintiff, comply with the officer's orders while handcuffed and to secure plaintiff for transportation to the hospital.
Stolt-Nielsen S.A. Purchased 101,450 of its Common Shares
LONDON, May 3, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo:SNI) announces that Stolt-Nielsen Transportation Group Ltd. (SNTG), a 100% owned subsidiary of SNSA, purchased today 101,450 of SNSA Common Shares on the Oslo Stock Exchange at an average price of NOK 163.50 per share (approximately $26.68 at the current exchange rate). The shares were purchased in accordance with the repurchase program announced on August 25, 2005, authorizing Company to purchase up to $200 million worth of its Common Shares or related American Depositary Shares.